Bain-Apple closer to buying Toshiba unit By Seeking Alpha


Stock Markets10 minutes ago (Sep 13, 2017 02:26AM ET)
© Reuters. Bain-Apple closer to buying Toshiba unit

  • A group including Bain Capital and Apple (NASDAQ:), as well as Seagate (NASDAQ:) and Dell, has signed a letter of intent to buy Toshiba’s (OTCPK:) chip business for more than $18B, WSJ reports.
  • It’s the latest twist in a contentious sale process. While Toshiba aims to sign a contract by late September, it’s also continuing talks with Western Digital (NYSE:), which is leading a bid by a rival consortium.
  • Now read: Apple’s Breakthrough 3D Sensor Technology

Original article

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


Source link


Leave a Reply

Your email address will not be published. Required fields are marked *